Business
Business, 12.08.2020 05:01, bobbustery2468

Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $25 par value (no change during the year) $5,500,000
Preferred $5 stock, $100 par (no change during the year) 3,000,000

The net income was $502,000 and the declared dividends on the common stock were $55,000 for the current year. The market price of the common stock is $13.60 per share. For the common stock

Determine:
a. the earnings per share
b. the price-earnings ratio
c. the dividends per share
d. the dividend yield.

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Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from th...

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